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it through the day. why don't we bring in our cast of thousands here. ben willis, jason milly, brad fredelander, and of course rick santel santelli. ben let me get to you first of all. what do you feel this means beyond just the market moves today, the emerging deal what does it mean for the markets once we crack into the new year? >> we knew they could do it, it just took a long embarrassing cost of our reputation in the world to get it done. with that being said, i think you mentioned the capping on the tax deductions. you want to keep an eye on the high end housing and the high end buildings. if that does come to fruition. but the whole tape is moving. apple in and of itself is moving the nasdaq today. that may be a function of the idea of the continuation of the tax benefits for writeoff in the business sector. people investing, businesses investing in technology to grow their business. so that would be the area that i think you're seeing the greatest impact. but the whole market is moving. the building stones of an economy, the basic material groups and the consumer spending is
left in 2012. >> yeah. let's break it all down and bring in ben willis here with us on set. ben, we could talk about lots of things. what are traders saying? >> already have. >> what's the buzz on the floor today? today everybody is talking about home so this holiday week, a slow week, another wasted clean shirt and bus fare. >> how are you trieding right now? >> the flow that you've seen trying to deflect the market, only a corner thumbprint to look at. energies right now are a plus side area and the negative side, you're seeing the consumer stocks under pressure because of the microsoft story and you and i have been of the same find on the fiscal climbed. you like this market, but we are getting close to the deadline. does it matter if we go past anyone? >> i think the market is saying we don't lead a lot mar. the market still expects that a deal will be done so that we'll get a patch, so to speak. this has been a good week. 80% of time this week is generally to the plus side. >> you'd still buy the dips here? >> yes. many shows have been on cnbc sending their own personal message
. realistically you want to be in treasuries. cash or treasuries. only with the help from ben bernanke and company. >> thank you, guys. >> we'll keep an eye on that, too, as a matter of fact. thank you, guys. we'll see you later and wall street is throwing in the towel as we head towards the close. apparently fewer people want to be long going into the weekend. the dow now at the low of the session, down 160 points. >> indeed. next, even as star pucks stores in d.c. are riding together on come together on the fiscal cliff deal, it does appear the ceo apparently may not understand what exactly the fiscal cliff is. what this may say about the whole cliff situation. that's when we come right back. you better come back and join us once again. y wants that pink castle thing. and you really don't want to pay more than you have to. only citi price rewind automatically searches for the lowest price. and if it finds one, you get refunded the difference. just use your citi card and register your purchase online. have a super sparkly day! ok. [ male announcer ] now all you need is a magic carriage. citi pric
-minute mark. i think we'll call this the ellie kefns rally. >> i think we should call it the ben rally here. >> i'm not going to take any credit for this. >> pulled you in. >> first time you've been in from london in a while and you get a rally, coincidence. i think not. let me show you what's happening as we go out. coming out with a gain of 286 points on the dow right now. that's the high for the session, but even stronger, as kelly was pointing out earlier, the technology stocks are powering the nasdaq higher so the dow is up 2.18%. the nasdaq is up almost 3% at this point. what about the fear indicator vix has had its biggest two-day decline now in a few years. it's down another 18% today at 1477. what's powering us higher here? among the s&p sectors, technology. look at, that kelly, up 3% almost on that. the financials, the telecoms. >> look at telecoms up 3%, and we're just seeing the s&p at session highs, 1458. those are the levels to watch. so we're at highs much earlier in the day at 10:00 and now as we enter the final minute of trade, back testing those levels. >> look at this. yo
Search Results 0 to 3 of about 4

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